John Taylor – Fx Concepts

John Taylor’s FX Concepts LLC, the world’s largest currency hedge fund, had its best returns in 2010 since before the global financial crisis as it bet against the euro in the first half of the year and the dollar later. The firm focused on selling currencies of nations whose central banks and governments pumped the most cash into the financial system, Taylor, 67, chairman and founder of FX Concepts, said in a telephone interview from his New York office. The firm’s Global Currency Program, a $3.2 billion investment fund, returned 12.53 percent last year, its largest annual gain since 2006, when it rose 18.58 percent.